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As Bitcoin dominance begins to slip and select altcoins gain momentum, questions are mounting within the crypto community: Have we officially entered altseason or is this just another temporary rally?
Several Filipino crypto traders and thought leaders weighed in on where the market stands, which trends are driving attention, and how both new and seasoned investors can navigate the uncertain terrain ahead. On the other hand, a foreign crypto analyst signaled the official start of altcoin season as several major altcoins post strong price performances and technical breakouts.
Is Altseason Here? Local Traders Share Insights
Luis Buenaventura: On the Verge of Altseason
In a Facebook post, GCrypto Head Luis Buenaventura noted that the market may be at the start, or on the verge, of a significant altcoin rally.Â
“If we look at the top coins by market cap, we’re either very close to alt season, or really far off, depending on which ones you’re using as your indicator.
Luis Buenaventura, Head, GCryptoÂ
He highlighted XRP as a key leader, which historically precedes a move from Stellar (XLM), along with solid performances from BNB. Ethereum (ETH), TRON (TRX), and SUI are all within 30% of their respective all-time highs.
Buenaventura also highlighted HYPE’s recent surge, noting that the newly launched token hit a record high earlier this week. He pointed out that despite being the most recent addition to the market, its strong performance stands out.
Myles Tan: It’s Neither Altseason Nor a Temporary Rally
Buenaventura’s sentiment was somewhat similar to Myles Tan, COO of ZFT, who believes the current market isn’t clearly an official altseason nor just a temporary rally. He cautions that while Bitcoin dominance is declining from its 2025 peak of 66%, not all altcoins are performing—many still haven’t recovered past all-time highs.
“The top 100 altcoins that flew up in the 2017 and 2021 alt season are not the same coins that are flying up now. Temporary? that word is subjective because the market moves in cycles. Some alts are still dead though no matter what cycle they’re in… Be very careful in picking your alt coins because a newbie investor looking for ALT season might end up in an ALAT season.”
Myles Tan, COO, ZFT
Accordingly, Tan points to political influence as a key driver of recent altcoin market activity. He noted that just as Elon Musk’s tweets fueled DOGE in 2021, Donald Trump’s pro-crypto stance and social media activity have helped pump tokens like $TRUMP and other pro-American coins in 2024 and 2025. Tan adds that upcoming ETFs for assets like BTC, ETH, XRP, SOL, and DOGE are attracting new liquidity.Â
“Thanks to Trump campaigning for a pro crypto stance, Some alts have ETFs coming up that will inject new liquidity in the coin (Btc, Eth, Xrp, Solana, Doge) With the pro-crypto US president buying some coins through World Liberty Financial (see screenshot) It’s no surprise some alts will rally “temporarily”.”
Myles Tan, COO, ZFT
John Genove: Market Is Heating Up
John Genove, also known as Resistance Trader, noted that the crypto market is nearing altseason, though not officially confirmed. He shared that the Altcoin Season Index is at 49 out of 100, below the 75 threshold, but altcoins have recently outperformed Bitcoin, as shown by an Altcoin Month score of 86. Key indicators include a drop in Bitcoin dominance to 64–66% and a TOTAL3 breakout pattern reminiscent of past altseasons.Â
“So while it’s not “official” yet, the ingredients are simmering — and July 2025 looks like a transition month.”
John Genove, The Resistance Trader
According to him, the key trends driving the current market buzz are AI-focused chains like TAO, NEAR, and RNDR gaining momentum, along with Layer-2 and modular infrastructure projects such as OP, ARB, and AVAIL. Real-world asset (RWA) protocols like ONDO and PXLT are also benefiting from tokenization efforts by major banks. Memecoins like PENGU, BONK, and FARTCOIN are rallying, signaling early altseason activity. Additionally, he noted that large token unlocks and growing institutional interest, fueled by Ethereum ETF inflows and possible altcoin ETFs for XRP, SOL, and ADA, are adding to market volatility and investor attention.
IceSteam: Market Already in Altseason
On the other hand, seasoned trader Steve “IceSteam” Jimenez believes the cryptocurrency market has entered a full-fledged altseason, which he expects to last until November.Â
“That’s just my opinion based on previous experience.”
Steve “IceSteam” Jimenez, co-founder, IMPACT
He also emphasized that timing and market cycles remain critical in crypto trading. Jimenez highlighted several sectors gaining momentum in the altcoin space, including decentralized physical infrastructure networks (DePIN), real-world assets (RWA), and prediction market tokens, which he suggested are “worth looking into.”
In a panel discussion last May, trader Jimenez asserted that altseason is still very much alive, though it looks different from past cycles, driven more by low-cap and meme coins than top 200 assets.Â
Crypto Analyst: Altseason is Here
In a market analysis released on July 16, crypto analyst Josh Olszewicz stated that conditions for altcoin outperformance are now firmly in place.Â
According to him, a strong altcoin season appears to be underway, with multiple cryptocurrencies significantly outperforming Bitcoin (BTC) and marking a notable shift in market sentiment. From meme coins to Ethereum ecosystem tokens and emerging layer-1s, analysts point to clear momentum favoring altcoins in recent weeks, signaling what many consider the beginning of a true “altseason.”
Olszewicz noted that while Bitcoin remains strong, consolidating near its yearly pivot, the market has seen a broad rotation into altcoins, many of which have posted 2x to 5x gains since April. Analysts note this level of outperformance is a key marker of altseason.
In the analysis, he highlighted that Ethereum (ETH) has led the charge among major altcoins, breaking through key resistance levels and surging past $3,400, its highest since early 2024. Technical indicators point to further upside, with analysts eyeing the $3,800–$4,200 range in the near term.
Solana (SOL) has also shown renewed strength, though some technical caution remains as it approaches key resistance at $177. Other top-performing altcoins include:
- AVAX, STX, and DYDX, all breaking above long-term resistance and cloud indicators.
- SUI, showing bullish continuation with growing interest.
- Meme coins like PEPE, BONK, and FLOKI are posting massive gains, with some doubling in value within days.
“So is it all season now? I mean, if this isn’t it, I don’t know what it is, but the point is it can get a lot crazier obviously. So it’s a marathon not a sprint. Keep that in mind. Don’t lose your shirt on 50x leverage when there’s a lot of market left to trade.”
Josh Olszewicz, Crypto Analyst
Previously, crypto analyst John Galt argued that the current market cycle has already peaked and that there will be no altseason this time. He cites signs of a top, including Trump’s crypto involvement, rising corporate BTC holdings, speculative mania around platforms like Pump.fun, and Ethereum’s failure to surpass previous highs. According to Galt, Bitcoin’s dominance remains unchallenged, and while BTC may face a moderate correction, altcoins are likely to suffer steep losses.Â
Advice for Traders
For traders navigating this altseason, Jimenez offered cautionary advice: “Never go all in.” While he noted that it’s not too late to enter the market, he pointed out that better opportunities were available in previous months when prices were lower.
For Resistance Trader, he advised a cautious, strategic approach to the current altcoin phase. Key tips include monitoring Bitcoin dominance and TOTAL3 for altseason confirmation, scaling into positions gradually to avoid “fear of missing out” (FOMO), and diversifying across narratives like AI, Layer-2s, RWAs, and blue-chip alts.Â
Genove added that traders should watch token unlock calendars for potential dip-buying opportunities, set profit-taking targets in the 30–50% range, and prioritize asset security using hardware wallets or trusted custodians amid rising market activity.
Myles Tan also shared advice for both new and experienced crypto investors. He stressed that they focus on mastering technical analysis to navigate the volatile market and avoid scams. He emphasized the importance of finding a mentor with proven success across multiple bull and bear cycles, noting that guidance from seasoned traders can significantly improve long-term performance.Â
“I would advise veteran traders to study the meta… In all markets, learning technical analysis will help you plan your trade and trade your plan. That way you’ll be profitable whatever the meta is.”
Myles Tan, COO, ZFT
What is Altseason
Altseason is a short period in the crypto market when investors shift their capital from Bitcoin (BTC) to altcoins, which include all cryptocurrencies other than Bitcoin. This shift often leads to sharp, rapid increases in altcoin prices, driven by market momentum and investor speculation.
Altseason typically follows a strong Bitcoin rally. Once BTC stabilizes or moves sideways, traders begin looking for higher returns in altcoins like ETH, SOL, or meme coins.
This article is published on BitPinas: Is it Altcoin Season Already? Market Analysts Highlight Surging Tokens
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